I believe I’m an early user - I’ve been using Fair for the last 1-1.5 years. My BMW 328d lease was up and I had signed up on the Model 3 waitlist at the time, and it looked like I had an 18 month wait ahead of me. I saw an ad for Fair and signed up. I got $1K off the starting payment, so I was basically getting a car for taxes + monthly payment for Month #1. I ended up grabbing a 2017 Civic that had ~17K miles on it. You have the option of adding extra miles to the car, which I did (I selected the max allowable at 17.5k miles annually), since I drive from OC to LA often.
Once I submitted the digital contract (took about 15 minutes), the app told me what local dealership I should go to to pick it up (local Nissan dealer about 5 mins away). I went there and did a quick walkthrough and was on my way.
I got pulled over a year later because I didn’t have plates (props to me for lasting that long in Irvine), and I contacted Fair and they sent me plates + new tags in 3 days at no cost.
I ended up cancelling the Model 3 order and have been happy paying ~$280/mo (including tax) for my Civic. I know many of you just flipped your keyboards at that lease rate, but I’m paying for optionality more than anything else - I get to bounce out of my lease with 3 days notice.
If you do some basic math, you can see what the breakeven is in terms of leasing a car through Fair vs. going to the dealer and getting a brand-spanking new lease. For example, my wife is looking at scooping up the new Range Rover Velar, and it looks like after 8 months, its cheaper to go to Land Rover and pay the down payment + monthly lease $ vs. going through Fair for a similar model.
I’ve had no “gotchas” or “sike bitch!” moments with Fair, everything has been above board. Their concierge is available on the weekends (Lord knows I taxed them with questions when I was getting my Civic). It’s a startup obviously, and they’re trying to create a valid secondary leasing market (sorry Vince/Shaan if I’m missing your vision). I’m sure the issues you guys have faced with Fair are valid, but I’ve had absolutely 0 issues.
Not paid, not a shill, not an employee. I just joined this forum as I’m actually looking at leasing a new Tundra/Ram/F-150 and I saw this thread as I was scrolling.